Finkelstein Thompson LLP Announces Investigation of Ladish Co., Inc.
November 23 2010 - 7:13PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Ladish Co., Inc. (“Ladish” or the
“Company”) (Nasdaq: LDSH) concerning the sale of the Company to
Allegheny Technologies Inc. (“ATI”) for $24 in cash and 0.4556
shares of ATI stock for every share of common stock owned in a
transaction valued at approximately $778 million. The implied value
of deal is $46.75 per share based on ATI’s closing price on
November 16, the day before the announcement of the
transaction.
The investigation is focused on the potential unfairness of the
deal price to Ladish shareholders, the process by which the Board
of Directors considered the transaction, and potential conflicts of
interests among Ladish Board members.
If you are interested in discussing your rights as a Ladish
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
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